German BDI industry body sees no quick change in ECB monetary policy

BERLIN (Reuters) - Markus Kerber, managing director of Germany's BDI industry association, said on Tuesday he did not expect a swift change in the European Central Bank's monetary policy, adding that an increase in the inflation rate was no reason for a shift.

The current inflation indicators alone "are not yet, in my view, a sufficient pointer to a change in European interest rates," Kerber told a news conference.